Stagflation Is a Combination Of_{--------------------}real GDP and a _{--------------------}price

question 22

Multiple Choice

Stagflation is a combination of_{--------------------}real GDP and a _{--------------------}price level.

• A)increasing; falling
• B)decreasing; falling
• C)no change in; rising
• D)decreasing; rising
• E)increasing; rising

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Definitions:

Tectonic Terrane

A fault-bounded body of rock that has a different geologic history than adjacent regions.

Horst and Graben

Geological structures where a horst is a raised block of the earth's crust bordered by faults, and a graben is a lowered block of the earth's crust bordered by parallel faults.

Forearc Basin

A sedimentary basin that lies between the volcanic arc and the trench in a convergent plate boundary.

Sedimentary Unit

A layer of sedimentary rock with distinguishable characteristics that set it apart as a visually identifiable segment of a stratigraphic sequence.